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KFORCE INC（KFRC）与INSPERITY, INC.（NSP）财务数据对比。点击上方公司名可切换其他公司
INSPERITY, INC.的季度营收约是KFORCE INC的5.0倍（$1.7B vs $332.0M）。INSPERITY, INC.同比增速更快（3.4% vs -3.4%）。INSPERITY, INC.自由现金流更多（$246.0M vs $16.7M）。过去两年KFORCE INC的营收复合增速更高（-2.9% vs -3.8%）
Kforce Inc.是一家总部位于美国的专业人力资源服务与解决方案供应商，业务覆盖技术、财务会计、医疗保健三大核心领域，为全美各类中大型企业提供专业人才派遣、劳动力管理优化等定制服务。
Insperity（前身为Administaff）是总部位于美国得克萨斯州休斯顿金伍德区的专业雇主组织（PEO），专注为中小微企业提供人力资源及行政事务外包等相关服务。自2004年起，该企业长期担任冠军巡回赛职业高尔夫赛事的冠名赞助商。
KFRC vs NSP — 直观对比
营收规模更大
NSP
是对方的5.0倍
$332.0M
营收增速更快
NSP
高出6.8%
-3.4%
自由现金流更多
NSP
多$229.3M
$16.7M
两年增速更快
KFRC
近两年复合增速
-3.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $332.0M | $1.7B |
| 净利润 | $5.2M | — |
| 毛利率 | 27.2% | 10.3% |
| 营业利润率 | 2.6% | -2.8% |
| 净利率 | 1.6% | — |
| 营收同比 | -3.4% | 3.4% |
| 净利润同比 | -53.3% | — |
| 每股收益（稀释后） | $0.29 | $-0.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KFRCNSP
| Q4 25 | $332.0M | $1.7B | ||
| Q3 25 | $332.6M | $1.6B | ||
| Q2 25 | $334.3M | $1.7B | ||
| Q1 25 | $330.0M | $1.9B | ||
| Q4 24 | $343.8M | $1.6B | ||
| Q3 24 | $353.3M | $1.6B | ||
| Q2 24 | $356.3M | $1.6B | ||
| Q1 24 | $351.9M | $1.8B |
净利润KFRCNSP
| Q4 25 | $5.2M | — | ||
| Q3 25 | $11.1M | $-20.0M | ||
| Q2 25 | $10.4M | $-5.0M | ||
| Q1 25 | $8.1M | $51.0M | ||
| Q4 24 | $11.1M | — | ||
| Q3 24 | $14.2M | $3.0M | ||
| Q2 24 | $14.2M | $18.0M | ||
| Q1 24 | $11.0M | $79.0M |
毛利率KFRCNSP
| Q4 25 | 27.2% | 10.3% | ||
| Q3 25 | 27.7% | 12.0% | ||
| Q2 25 | 27.1% | 13.4% | ||
| Q1 25 | 26.7% | 16.6% | ||
| Q4 24 | 27.0% | 13.5% | ||
| Q3 24 | 27.9% | 14.7% | ||
| Q2 24 | 27.8% | 16.2% | ||
| Q1 24 | 27.1% | 19.1% |
营业利润率KFRCNSP
| Q4 25 | 2.6% | -2.8% | ||
| Q3 25 | 4.5% | -1.5% | ||
| Q2 25 | 4.5% | -0.4% | ||
| Q1 25 | 3.5% | 3.7% | ||
| Q4 24 | 4.5% | -0.9% | ||
| Q3 24 | 5.3% | 0.1% | ||
| Q2 24 | 5.5% | 1.4% | ||
| Q1 24 | 4.5% | 6.0% |
净利率KFRCNSP
| Q4 25 | 1.6% | — | ||
| Q3 25 | 3.3% | -1.2% | ||
| Q2 25 | 3.1% | -0.3% | ||
| Q1 25 | 2.5% | 2.7% | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 4.0% | 0.2% | ||
| Q2 24 | 4.0% | 1.1% | ||
| Q1 24 | 3.1% | 4.4% |
每股收益（稀释后）KFRCNSP
| Q4 25 | $0.29 | $-0.87 | ||
| Q3 25 | $0.63 | $-0.53 | ||
| Q2 25 | $0.59 | $-0.14 | ||
| Q1 25 | $0.45 | $1.35 | ||
| Q4 24 | $0.60 | $-0.21 | ||
| Q3 24 | $0.75 | $0.07 | ||
| Q2 24 | $0.75 | $0.48 | ||
| Q1 24 | $0.58 | $2.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.1M | $682.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $124.6M | $46.0M |
| 总资产 | $365.6M | $2.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KFRCNSP
| Q4 25 | $2.1M | $682.0M | ||
| Q3 25 | $1.3M | $521.0M | ||
| Q2 25 | $2.5M | $511.0M | ||
| Q1 25 | $444.0K | $684.0M | ||
| Q4 24 | $349.0K | $1.2B | ||
| Q3 24 | $127.0K | $596.0M | ||
| Q2 24 | $110.0K | $850.0M | ||
| Q1 24 | $106.0K | $801.0M |
股东权益KFRCNSP
| Q4 25 | $124.6M | $46.0M | ||
| Q3 25 | $132.1M | $87.0M | ||
| Q2 25 | $134.4M | $112.0M | ||
| Q1 25 | $138.0M | $119.0M | ||
| Q4 24 | $154.6M | $97.0M | ||
| Q3 24 | $167.4M | $125.0M | ||
| Q2 24 | $166.6M | $142.0M | ||
| Q1 24 | $164.5M | $140.0M |
总资产KFRCNSP
| Q4 25 | $365.6M | $2.2B | ||
| Q3 25 | $374.2M | $2.0B | ||
| Q2 25 | $373.6M | $2.0B | ||
| Q1 25 | $368.2M | $2.1B | ||
| Q4 24 | $357.8M | $2.6B | ||
| Q3 24 | $369.9M | $1.9B | ||
| Q2 24 | $362.7M | $2.1B | ||
| Q1 24 | $366.3M | $2.1B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $19.7M | $255.0M |
| 自由现金流经营现金流 - 资本支出 | $16.7M | $246.0M |
| 自由现金流率自由现金流/营收 | 5.0% | 14.7% |
| 资本支出强度资本支出/营收 | 0.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 3.82× | — |
| 过去12个月自由现金流最近4个季度 | $46.8M | $-309.0M |
8季度趋势，按日历期对齐
经营现金流KFRCNSP
| Q4 25 | $19.7M | $255.0M | ||
| Q3 25 | $23.3M | $-11.0M | ||
| Q2 25 | $18.4M | $-79.0M | ||
| Q1 25 | $249.0K | $-443.0M | ||
| Q4 24 | $21.8M | $619.0M | ||
| Q3 24 | $31.0M | $-150.0M | ||
| Q2 24 | $20.9M | $20.0M | ||
| Q1 24 | $13.2M | $31.0M |
自由现金流KFRCNSP
| Q4 25 | $16.7M | $246.0M | ||
| Q3 25 | $19.8M | $-20.0M | ||
| Q2 25 | $14.2M | $-86.0M | ||
| Q1 25 | $-3.9M | $-449.0M | ||
| Q4 24 | $20.9M | $606.0M | ||
| Q3 24 | $27.5M | $-164.0M | ||
| Q2 24 | $17.8M | $14.0M | ||
| Q1 24 | $11.3M | $26.0M |
自由现金流率KFRCNSP
| Q4 25 | 5.0% | 14.7% | ||
| Q3 25 | 6.0% | -1.2% | ||
| Q2 25 | 4.3% | -5.2% | ||
| Q1 25 | -1.2% | -24.1% | ||
| Q4 24 | 6.1% | 37.6% | ||
| Q3 24 | 7.8% | -10.5% | ||
| Q2 24 | 5.0% | 0.9% | ||
| Q1 24 | 3.2% | 1.4% |
资本支出强度KFRCNSP
| Q4 25 | 0.9% | 0.5% | ||
| Q3 25 | 1.1% | 0.6% | ||
| Q2 25 | 1.2% | 0.4% | ||
| Q1 25 | 1.3% | 0.3% | ||
| Q4 24 | 0.3% | 0.8% | ||
| Q3 24 | 1.0% | 0.9% | ||
| Q2 24 | 0.9% | 0.4% | ||
| Q1 24 | 0.5% | 0.3% |
现金转化率KFRCNSP
| Q4 25 | 3.82× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | 1.76× | — | ||
| Q1 25 | 0.03× | -8.69× | ||
| Q4 24 | 1.97× | — | ||
| Q3 24 | 2.18× | -50.00× | ||
| Q2 24 | 1.48× | 1.11× | ||
| Q1 24 | 1.20× | 0.39× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KFRC
| Flex Revenue | $303.6M | 91% |
| Finance And Accounting Segment | $25.7M | 8% |
| Direct Hire Revenue | $2.7M | 1% |
NSP
| Northeast | $455.0M | 27% |
| West | $339.0M | 20% |
| Southwest | $317.0M | 19% |
| Central | $299.0M | 18% |
| Southeast | $241.0M | 14% |
| Other Revenues | $17.0M | 1% |
